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Insurance
There is a potentially big opportunity for the insurance-linked securities (ILS) markets to develop parametric cat bonds that could cover some of the growing risks in Eastern Europe and Western areas of Asia, according to Kirill Savrassov, chief executive of PhoenixCRetro. 11 September 2019
Insurance
B3i wants to build a generic system for the insurance industry, and let insurers and brokers build their own proprietary systems that plug into it. 11 September 2019
Insurance
VIG Re is mounting an expansion beyond its core markets based on its intimate knowledge of markets and its low cost ratio, chairman Johannes Martin Hartmann and Peter Thirring, member of the managing board, told Monte Carlo Today. 11 September 2019
Alternative Risk Transfer
Alternative capital is now entering the market at many more points in an attempt to get closer to the risk and the logical conclusion is that some insurance-linked securities (ILS) funds will look to launch rated carriers, Eric Andersen, co-president of Aon, told Monte Carlo Today. 11 September 2019
Insurance
Quest, the captives servicing company, wants to hoover up disaffected captives, as well as growing the business among SMEs in the US and Europe 11 September 2019
Insurance
Specialty lines insurer HDI Global Specialty SE has hired David Palmer as head of crisis management. 10 September 2019
Insurance
Pro Global says it will manage at least 10 managing general agents (MGAs) by the end of the year, a 25 percent increase on the eight it currently manages. 10 September 2019
Insurance
Regulations that will push reinsurers to integrate environmental, social and governance (ESG) and climate measures into risk management frameworks and investment are on their way, Ghislain Perisse, head of insurance strategy for Europe at Schroders, told Monte Carlo Today. 10 September 2019
Insurance
As SCOR chair and chief executive Denis Kessler detailed the reinsurer’s new ‘Quantum Leap’ strategy for 2019/21, launched last week, he said the company is facing “more challenges in the next two-and-a-half years than in the past three”. 10 September 2019
Alternative Risk Transfer
As the ILS sector continues to evolve and develop, its next big breakthrough could be driven by technology and the potential transparency and liquidity this could deliver, Amneris Koutsavgousti of Deutsche Bank told Monte Carlo Today. 10 September 2019
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